Solana's Rally Above $120 Revives DAT mNAVs and Reopens Path to More SOL Buys
- —SOL hit $122, an 8-month high, up over 14% on the week
- —mNAVs: 1.63x for SOL Strategies, 1.52x for Solana Company, 0.40x for Upexi
- —Forward Industries raised $25M and now holds 8.16M SOL
- —DeFi Development Corp. added 101,381 SOL and set up a $300M ATM
Why it matters: A sustained mNAV premium can restart a capital-raising loop that funds fresh SOL purchases, supporting demand for the token.
Source: SolanaFloor